Appointment of llp as auditor
akhil jain (article) (72 Points)
10 December 2013
Whether can LLP be appointed as auditor of a company....bcoz LLP is body corporate
akhil jain (article) (72 Points)
10 December 2013
Syam Kamal
(Company Secretary)
(66 Points)
Replied 21 December 2013
LLP is a body corporate and hence it can not be appointed as an auditor of the Company
CS Adnan Shaikh
(Company Secretary)
(1301 Points)
Replied 21 December 2013
Dear Syam,
MCA vide its notification, has notified that LLP, which is a Body Corporate as per the Limited Liability Partnership Act 2008, shall not be treated as Body Corporate, for the purpose of section 226(3)(a) of the Companies Act 1956. Therefore an LLP can be a auditor of a Company.
Regards,
Adnan
Syam Kamal
(Company Secretary)
(66 Points)
Replied 21 December 2013
CS Adnan Shaikh
(Company Secretary)
(1301 Points)
Replied 21 December 2013
Dear Syam,
The ministry vide circular No. 30A/2011 dated 26th May, 2011 has clarified this. A copy of the circular is attached.
Regards,
Adnan Shaikh
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